point-of-sale terminals record purchase information and electronically send it in a flow of information that initially travels from_____to____.
Answers
Point-of-sale terminals record purchase information and electronically send it in a flow of information that initially travels from POS terminal to financial institution.
Point-of-sale (POS) terminals are crucial components of retail and service businesses, as they facilitate transactions between customers and merchants. The flow of information during a transaction begins at the POS terminal and ends at a financial institution.
When a customer makes a purchase, the POS terminal records the necessary information, such as the items purchased, their prices, and the customer's payment method. This data is then encrypted and sent electronically to the payment processor, which serves as an intermediary between the merchant and the customer's bank or credit card issuer.
The payment processor verifies the transaction details and checks if the customer's account has sufficient funds or available credit. If the transaction is approved, the payment processor sends a confirmation to the POS terminal, which then completes the transaction by printing a receipt or providing a digital one. Finally, the funds are transferred from the customer's account to the merchant's account.
In summary, the flow of information in a point-of-sale transaction initially travels from the POS terminal to the payment processor, then to the customer's bank or credit card issuer, and finally back to the POS terminal and the merchant's account. This process ensures secure and efficient payment processing, benefiting both customers and merchants.
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Related Questions
A new equipment requires an investment of $130,000 to generate an income of $20,000 for the first 3 years, thereafter, increasing by $10,000 for the remaining life of 10 years. To recover the investment under a no-return payback condition it will take:
Answers
To recover the investment under a no-return payback condition, it will take 6 years.
The payback period is a financial metric used to determine how long it takes to recover the initial investment in a project or equipment. In this case, the investment for the new equipment is $130,000, and the income generated is $20,000 for the first 3 years, increasing by $10,000 for the remaining 10 years.
To calculate the payback period, we need to determine when the total cumulative income equals or exceeds the initial investment. For the first 3 years, the total income generated would be $20,000 per year, resulting in a cumulative income of $60,000. We subtract this from the initial investment of $130,000, leaving a remaining amount of $70,000.
Since the income increases by $10,000 per year for the remaining 10 years, it will take an additional 7 years to accumulate $70,000. Therefore, the total payback period would be 3 years + 7 years = 10 years.
However, since we are looking for the payback period under a no-return condition, where no income is generated after recovering the investment, we subtract the additional 7 years from the total payback period. Hence, the final payback period under a no-return condition is 10 years - 7 years = 6 years.
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Which option best describes the main behavior that economics studies?
A. People making choices based on their limited resources
B. People creating different governments around the world
C. People participating in a traditional musical performance
D. People experiencing the physical symptoms of a disease
SUST
Answers
Answer: People making choices based on their limited resources
Explanation:
The option best describes the main behavior that economics studies is People making choices based on their limited resources.
Economics is a social science subject which studies how humans behaves due to scarcity and due to the limited resources that are available.
As a result of limited resources, Individuals or economic agents have to make choices and choose the good or service that matters most to them. This is where opportunity cost comes in as other options are left and the best option is chosen.
Answer:
A.people making choices based on their limited resources
Explanation:
Which of the following is NOT a common feature of a
financial institution?
Answers
Answer:
c. Access to investment advice and e. investment trading
Explanation:
Hope this helps!
A new school building was recently built in the area. The entire cost of the project was $20,000,000. The city has put the project on a 20-year loan with an APR of 2.7%. There are 21,000 families that will be responsible for making monthly payments towards the loan. Determine the total amount that each family should be required to pay each year to cover the cost of the new school building. Round your answer to the nearest cent, if necessary.
Answers
Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:
Calculate the total loan amount.
The loan amount is the cost of the project, which is $20,000,000.
Calculate the annual interest payment.
The annual interest payment can be calculated using the formula:
Annual Interest Payment = Loan Amount * Annual Interest Rate
Annual Interest Rate = APR / 100
In this case, the annual interest rate is 2.7% or 0.027.
Annual Interest Payment = $20,000,000 * 0.027 = $540,000
Determine the number of families responsible for payments.
There are 21,000 families responsible for making monthly payments.
Calculate the total amount each family should pay each year.
Total Amount per Family = Annual Interest Payment / Number of Families
Total Amount per Family = $540,000 / 21,000
Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
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Select the correct answer.
Which statistical concept signifies the average of all the variations from the mean?
A.
comparative mean
B.
constant mode
C.
standard deviation
D.
average deviation
Answers
Answer:
option D average deviation is correct
Explanation:
average deviation tells average of variation from the mean
Answer:
C standard deviation
Explanation:
plato also states in the notes that standard is correct and internet checks with me
How long had it been since boats were the only way on & off manahattan
Answers
Answer:
The previous day, Monday, September 10, 2001, had been a long night for the New York charter boat captain
Explanation:
Freitas was about to take part in what has become known as the 9/11 boat lift—the largest water evacuation in history and one of the uplifiting, if lesser-known, episodes of that terrible day when terrorists flew two passenger jets into the iconic Twin Towers—part of a multipronged attack on America A makeshift armada of about 150 commercial vessels of various types—tugboats, ferries, charter boats—would transport an estimated 500,000 people out of the disaster zone of lower Manhattan to safety in New Jersey and Brooklyn.
Considering the balance sheet for all commercial banks in the U.S., the largest category of assets is:
a. cash items.
b. U.S. Government Securities.
c. required reserves.
d. loans.
Answers
The largest category of assets on the balance sheet of all commercial banks in the U.S. is loans. Option D.
Loans refer to the money that is borrowed by individuals, businesses, and other entities from commercial banks for various purposes such as buying a house, starting a business, or expanding operations. Loans are considered an asset because they generate income for the bank through the interest charged on them.
The amount of loans that a bank can make is limited by the amount of deposits it has, and the reserves it is required to hold by law. Required reserves refer to the minimum amount of money that banks must keep on hand to meet customer withdrawals and other obligations. These reserves are held with the Federal Reserve, and banks are required to keep a certain percentage of their deposits as reserves.
In conclusion, loans are the largest category of assets on the balance sheet of all commercial banks in the U.S. This is because loans generate income for the bank, and are a key part of the banking business model. While cash items and U.S. Government Securities are also important asset categories for banks, loans are the primary source of income for most banks. Option D is correct.
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Write a summary of the communication differences between men and women.
Answers
Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”
What are the communication differences between men and women ?The communication differences between men and women is that that men and women are very likely to show different styles of verbal communication.
Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”
Note that the Reporting style of communication is one that is influence or pushed by the exchange of some kind of factual information to handle any issue or problem.
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Answer:
Explanation:
men speak with less emotion than women and they speak with confidence which helps them assert their dominance but women speak with more emotion which makes them more helpful when there is an emotional topic being spoken about
If the market for soccer balls is saturated and the market for soccer nets is open, which combination makes the most sense for Sabrina’s Soccer?
Answers
If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.
What is a production possibilities curve?A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;
Technology is fixed.Resources are fixed.Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.
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When a company purchases equipment, what account is credited in the
journal entry for this transaction?
A. Sales
B. Equipment
C. Depreciation
D. Cash
Answers
Answer: Cash.
Explanation: Cash is credited in the journal entry, because the asset cash decreases. (I know, it seems backwards and it’s hard to wrap your brain around it.)
what is the minimum number of shares for a buy order?
Answers
Traditionally, one share has been the very minimum an investor could buy on the open market.
How many shares must you purchase?Subtract the current share price from the total amount of money you have available to invest in the stock. The amount of shares you can buy depends on whether your broker permits fractional share purchases. Round down to the nearest whole number if you can only purchase entire shares (which is the most typical scenario).
What is the required minimum investment?The smallest monetary amount or number of shares that an investor can purchase when investing in a particular product, fund, or opportunity is known as the minimum investment. For instance, a hedge fund can demand that clients deposit at least $100,000 with the company. Or, at least $3,000 may need to be put in a mutual fund.
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you
manage a mjd sized us city. your city has a budget of $9m and you
can spend it on lots of city services.
if you spend $6m on city services. how much you spend on
schools?
Answers
If $6 million is spent on city services out of a $9 million budget, $3 million would be spent on schools.
If you spend $6 million on city services out of a budget of $9 million, the amount you would spend on schools can be calculated by subtracting the city services expenditure from the total budget.
Therefore, the amount you would spend on schools would be $9 million - $6 million = $3 million.
In this scenario, with a budget of $9 million, allocating $6 million to city services leaves $3 million remaining.
Since the question specifically asks about the amount spent on schools, we subtract the expenditure on city services ($6 million) from the total budget ($9 million) to determine the remaining amount available for schools, which is $3 million.
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Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answers
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
Answers
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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an online gaming company is introducing several new initiatives to encourage respectful communication between players of online games. which of the following best describes a solution that uses crowdsourcing?responsesthe company allows individual players to endorse fellow players based on courteous interactions. once a player receives enough endorsements, the player is given free rewards that can be used during company allows individual players to endorse fellow players based on courteous interactions. once a player receives enough endorsements, the player is given free rewards that can be used during company eliminates chat from gameplay and sets the default chat policy to off. players must actively turn on chat to converse outside of company eliminates chat from gameplay and sets the default chat policy to off. players must actively turn on chat to converse outside of company introduces software that monitors all chats. inappropriate conversations are identified, and players involved in the conversations are banned from the company introduces software that monitors all chats. inappropriate conversations are identified, and players involved in the conversations are banned from the company updates the acceptable content guidelines to explicitly describe appropriate and inappropriate behavior. all players must electronically sign an agreement to adhere to the guidelines.
Answers
The solution that best describes the use of crowdsourcing is when the company allows individual players to endorse fellow players based on courteous interactions.
Once a player receives enough endorsements, they are given free rewards that can be used during gameplay.
Crowdsourcing involves leveraging the collective intelligence and efforts of a large group of individuals. In this case, the online gaming company is using crowdsourcing by allowing players to endorse each other based on respectful and courteous interactions. By giving players the ability to endorse others, the company is tapping into the wisdom of the crowd to identify and reward positive behavior.
Players can provide endorsements to fellow players who demonstrate respectful communication during gameplay. Once a player receives a sufficient number of endorsements, they are rewarded with free in-game rewards or benefits. This encourages and incentivizes players to engage in respectful communication and create a positive gaming environment.
By utilizing crowdsourcing through player endorsements, the online gaming company is empowering its community to actively promote and reinforce respectful communication. This approach harnesses the collective power of the player base to identify and reward positive behavior, fostering a more inclusive and enjoyable gaming experience for all.
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A client has been diagnosed with atrial fibrillation and has been prescribed warfarin therapy. What should the nurse prioritize when providing health education to the client?
The importance of taking the medication 1 hour before or 2 hours after a meal The need to sit upright for 30 minutes after taking the medication The need to have regular blood levels drawn The importance of adequate fluid intake
Answers
When providing health education to a client diagnosed with atrial fibrillation and prescribed warfarin therapy, the nurse should prioritize the need for the client to have regular blood levels drawn.
This is essential for monitoring the effectiveness and safety of the warfarin therapy, ensuring that the client maintains therapeutic levels while avoiding potential complications such as bleeding.
Monitoring effectiveness of therapy: Warfarin is an anticoagulant medication commonly prescribed for individuals with atrial fibrillation to prevent blood clots.
Regular blood monitoring, typically through the International Normalized Ratio (INR) test, is essential to assess the effectiveness of warfarin therapy. The INR measures the blood's ability to clot, and maintaining the therapeutic range of INR is crucial to prevent blood clots or bleeding events.
The nurse should prioritize educating the client on the importance of regular blood testing to ensure that the warfarin therapy is working effectively in preventing blood clots.
Ensuring safety of therapy: Warfarin is a potent anticoagulant, and maintaining the appropriate dosage is critical to avoid complications such as bleeding.
Regular blood monitoring helps assess the safety of warfarin therapy by checking the INR levels and ensuring that they are within the therapeutic range.
If the INR levels are too high, it may increase the risk of bleeding, while if the INR levels are too low, it may increase the risk of blood clots. The nurse should emphasize to the client the importance of regular blood testing to ensure that the warfarin therapy is safe and the INR levels are maintained within the target range.
Individualized dosing adjustments: Warfarin therapy requires careful individualized dosing adjustments based on the INR levels and other factors such as age, weight, and concurrent medications.
Regular blood monitoring helps identify any changes in the INR levels and enables the healthcare provider to make appropriate dosing adjustments to maintain the therapeutic range.
The nurse should educate the client on the need for regular blood testing to facilitate necessary dosing adjustments and ensure the effectiveness and safety of the warfarin therapy.
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Four year universities are the only type of school worth attending. True False
Answers
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
What role do career pathways play?
A. Career pathways lay out the academic courses, skills, and knowledge required for a position.
B. Career pathways help students determine whether a position will have information technology as a primary or secondary focus.
C. Career pathways lay out the advantages and disadvantages of potential careers.
D. Career pathways organize jobs into 16 major groups to help students plan their careers.
Answers
Answer:
I think it's A. but don't depend on me i'm probley wrong
Explanation:
What part do career paths play is The educational requirements, necessary skills, and expertise for a position are outlined in career pathways. As a result, choice (A) is right.
What is meant by Career pathways ?A career path is a list of steps you should take to advance into new or more senior responsibilities at work during your professional life. Employees are guided toward their ultimate professional ambitions as well as their long-term goals through a series of positions and experiences.
By highlighting their existing professional situation and providing advice on how to improve it, career pathing can increase their levels of engagement and job satisfaction.
An essay about your career objectives is a piece of writing in which you describe the career route you hope to take and the goals you have for yourself. You will discuss your career aims, pertinent accomplishments that help you be more successful in achieving your goals, and how your aspirations can help you advance even farther in the essay.
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1 point
Wal-Mart relies on the thousands of miles or roads and their massive
trucks in order to ship their goods all over the country. Which factor of
production are roads and trucks considered?
Capital
Human / Labor
Natural / Land
Entrepreneur
Answers
Have a good day
Discussing time requirements for an activity does not require knowing the level of resources devoted to the activity.
Group of answer choices
True
False
Question 40.25 pts
Indices CPI and SPI can be negative.
Group of answer choices
True
False
Answers
a) The given statement is False. Discussing time requirements for an activity does require knowing the level of resources devoted to the activity.
b)The given statement is True. Both CPI and SPI can be negative when the project is over budget or behind schedule.
a) The primary goal of a project manager is to ensure that a project is completed on time, within budget, and to the required level of quality. The time requirements of an activity are the amount of time it takes to complete it. This is dependent on the level of resources devoted to the activity. It's important to understand how much time an activity will take so that project managers can develop a realistic schedule.
If the resources are not available, the activity can't be completed on time, which will result in delays that may cause additional problems. Therefore, it is important to understand the level of resources devoted to an activity when discussing time requirements for that activity.
b) The indices provide critical information on the project's performance and can be used to forecast its future performance. The CPI (Cost Performance Index) and SPI (Schedule Performance Index) are used to track a project's cost and schedule performance, respectively.
The CPI indicates the ratio of the earned value to the actual cost, while the SPI measures the ratio of the earned value to the planned value. When the ratio is less than one, it indicates that the project is over budget or behind schedule. A negative CPI or SPI indicates that the project is in trouble, and corrective action needs to be taken to bring it back on track.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Which roles do franchisees play in case of a product distribution franchise?
Answers
Answer:
For the most part, Franchisees own the land and run the day to day operations of the stores that they finance.
Explanation:
Jim and Jane purchased their house a year ago and have been transferred out of town. They paid $275,000 for the property and ended up after expenses with only $225,000. Their percentage of loss on the sale was:
Answers
Answer:
18%
Explanation:
Original cost: $275,000
Selling price: $225,000
Loss: $50,000
50,000/275,000=0.18
0.18x100=18%
:)
every year, antoni hosts a holiday party for his friends. his party budget is $200. antoni spends his budget on food platters that cost $25 each and on entertainment, which costs $50 per hour.
Answers
The budget constraint of Antoni based on the information is 25f + 50e = 200
The budget constraint simply means a boundary of the opportunity cost. It represents all the combinations of goods that a person will buy at a price based on the income that the person has.
Based on the information given,
Income = $200
Cost of food platters = $25 each
Cost of entertainment = $50 per hour
Therefore, the budget constraint based on the above will be 25f + 50e = 200 where f = food platters and e = entertainment.
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On March 1, 2017, Carla Vista Co. Acquired real estate, on which it planned to construct a small office building, by paying $79,000 in cash. An old warehouse on the property was demolished at a cost of $8,000; the salvaged materials were sold for $1,660. Additional expenditures before construction began included $1,160 attorney's fee for work concerning the land purchase, $4,400 real estate broker's fee, $8,660 architect's fee, and $13,800 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land.
Answers
Answer:
The reported cost of the land = $99,560
Explanation:
In order to calculate the cost of the land, it is important to note that the amount recorded as cost of the land, includes the actual amount paid as the market price of the land, including all the necessary costs incurred to make the land ready for use. These include: attorney's fees, cost of demolition of old properties, broker's fees etc.
To calculate the net cost of the land, let us identify all the transactions done in the purchase of the land. This is done as follows:
market value of land = $ 79,000
cost of demolition = $ 8,000
additional expenses = $ 1,160
attorney's fee = $ 4,400
broker's fee = $ 8,660
salvaged materials = $ 1,660 (minus)
Total = $ 99,560
Note that the amount gotten from sale of salvaged materials is subtracted from the cost of land, because it is an income, not expenditure, while the architect's fee is not used in the calculation because, it doesn't meet the criteria for cost of land, instead it is part of the cost of building after the acquisition of the land.
An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational
Answers
A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. These companies, also known as international, stateless, or transnational corporate organizations tend to have budgets that exceed those of many small countries.
kara and sheldon are both middle managers at gotcha international. kara is dissatisfied because she knows that sheldon makes more in salary even though, in kara's opinion, she works longer hours than he does. if kara wishes to reduce this perceived inequity, what should she do?
Answers
Reduce her work hours, increase her level of absenteeism, and ask for a raise.
Absenteeism is a recurring pattern of absence from responsibility or obligation with out desirable reason. typically, absenteeism is unplanned absences.[1] Absenteeism has been considered as a hallmark of negative character performance, as well as a breach of an implicit settlement among employees and business enterprise. it's far seen as a control trouble, and framed in financial or quasi-economic terms. greater latest scholarship seeks to apprehend absenteeism as an indicator of psychological, scientific, or social adjustment to work.
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what are the goods and tools that are used to make products?
Capital
Labor
Synthetic resources
None of the above
Answers
The goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods. The correct option is (A).
What is capital?The total amount of financial resources needed to produce goods or services is referred to as capital in the business world. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.
Buildings, machinery, equipment, vehicles, and tools are examples of capital goods.
The inputs required to create a good or service in order to generate revenue are known as the elements of production. Land, labor, capital, and entrepreneurship are the four components of production according to economists.
Therefore, the goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods.
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commodities are less likely to exist in raw or unrefined product form—such as pork bellies or wheat—than in refined, finished, and branded product form—such as jimmy dean pork sausage or bunny bread. T/F
Answers
False. Commodities are most commonly traded in raw or unrefined form, such as pork bellies or wheat.
These raw materials are the building blocks for the production of finished, refined, and branded products, such as Jimmy Dean pork sausage or Bunny bread. Raw commodities are often traded on exchanges and are used by manufacturers and processors to create finished products. They are usually standardized products that are widely available and are bought and sold in large quantities. By contrast, finished, refined, and branded products are often sold directly to consumers and are subject to branding, marketing, and pricing strategies designed to differentiate the product from similar products offered by competitors. In general, the value of raw commodities is driven by supply and demand dynamics in the global marketplace, while the value of finished, refined, and branded products is influenced by a wider range of factors, including marketing, distribution, and consumer preferences. A raw commodity is a primary, unprocessed material or product that is traded in bulk and used as a raw material or feedstock in the production of other goods. Raw commodities are typically standardized products that are widely available and are bought and sold in large quantities. Examples of raw commodities include agricultural products such as wheat, corn, and soybeans; energy products such as crude oil and natural gas; metals such as gold, silver, and copper; and livestock such as cattle and hogs.
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